Property Profit

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Tuesday, 27 August 2013

Did Y'all Hear...

Posted on 16:52 by Unknown
...that in 2008 an as yet unidentified 40-something year old Belgian art dealer bought the last home of Spanish surrealist Pablo Picasso in the historic village of Mougins, about 20 minutes from the Promenade de la Croisette in Cannes, for between 10 and 12 million Euros—that's $13 to $16 million U.S. dollars—gave the well-situated Provençal pad a striking minimalist make-over and popped it back on the market with a hair raising and hoopla-ensuring $220,000,000 asking price?

Current listing details and previous reports in the newspaper Nice Matin (via the hardworking kids at Curbed) show the stone-walled 35-room hillside villa, once known as Mas de Notre-Dame du Vie and now dubbed Domaine L'Antre du Minotaure, stands three stories high, has 10 bedrooms and 8 bathrooms, a guest house and a guard house, two swimming pools, a tennis court, an extensive gardens.

Now children, this property has an impeccable pedigree and it is certainly something to behold even if the austerely finished and sparely furnished day-core ain't your thang but 220 million George Washingtons? Well...Your Mama thinks it's probably best to let the gloriously opinionated children and any prospective buyers decide whether the 14-17 time mark up over the reported 2008 sale price makes a lick of real estate sense, even with the no-doubt time consuming and costly renovation and restoration.

1,2,3...Go!

listing photos: Corcoran
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